Org.nr 993 554 790 2012 → 2013 Year-over-year analysis

AD MALERARBEID AS: årsregnskap 2013 vs 2012

Shrank 41% on revenue, cash halved-plus

approved 2014-03-14; registry 2014-03-17; journal 2014 320460

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AD MALERARBEID AS. Revenue 7.77m NOK → 4.56m NOK (-41.2%). Equity 327.6k NOK → 107.3k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AD MALERARBEID AS.

At a glance

Revenue

7.77m NOK 4.56m NOK

-41.2%

Equity

327.6k NOK 107.3k NOK

-67.2%

Cash

189.8k NOK 76.4k NOK

-59.7%

Total assets

962.2k NOK 1.07m NOK

+11.7%

↓
Revenue fell

Operating income / revenue moved from 7.77m NOK to 4.56m NOK (-41.2% YoY). Calculated
↓
Equity eroded

Book equity 327.6k NOK → 107.3k NOK (equity ratio 34.0% → 10.0%). Calculated
↓
Cash fell

Bank deposits 189.8k NOK → 76.4k NOK (-59.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 4.75m NOK → 2.18m NOK (-54.1% YoY). Calculated